Cape Wind Must Comply with Energy Bill Provisions

Amendment to require developers of renewable energy and other projects in the outer continental shelf to sign a lease agreement with the government, pay rental fees, deposit a bond for removal costs and comply with other state or federal agency jurisdiction

Published: 12-Jan-2004

A top federal official said last week that Cape Wind Associates must comply with all provisions in an amended energy bill expected to be reintroduced into Congress.

Among other things, the bill contains an amendment that requires developers of renewable energy and other projects in the outer continental shelf to sign a lease agreement with the government, pay rental fees, deposit a bond for removal costs and comply with other state or federal agency jurisdictions.

The amendment is intended to close what many perceive as a gap in federal regulations over projects such as Cape Wind's proposal for an offshore wind farm in Nantucket Sound, the first of its kind in the country.

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